Wind power producers, which have witnessed tariffs falling to record lows in recent months, have some reason to cheer, with the Andhra Pradesh electricity regulator disallowing any revision of contracted tariff rates.
Allowing the earlier tariff, the Andhra Pradesh Electricity Regulatory Commission (APERC) rapped the state’s power distribution companies for going back on power purchase agreements (PPAs).
The regulator’s order, dated December 13, pertains to 41 wind power projects that signed PPAs with the two discoms in 2015 at Rs 4.76 a unit in the feed-in-tariff mode. After two years, when the wind tariff was discovered at Rs 3.46 a unit in